Cost Statement Sample Clauses

Cost Statement. Lessee's Contribution: Lessor will prepare for Lessee's approval a cost statement which upon completion and approval shall be attached as Exhibit E.1 (the "Phase II Cost Statement"), showing the expected construction cost of the Lessee Interior Improvements for Phase II. Lessor may include in the Phase II Cost Statement, a construction management fee, covering its overhead and profit equal to six percent (6%) of all costs shown on the Phase II Cost Statement including 3% for general conditions plus any additional costs approved by Lessee. No other general contractor's fees or costs shall be charged to Lessee or against the Phase II TI Allowance in connection with the Lessee Interior Improvements. If Lessor's actual cost exceed the Phase II Cost Statement, Lessee may pay the excess or remove items until the total costs are acceptable to Lessee. Lessor and Lessee shall negotiate in good faith to reduce the costs for construction of the Lessee Interior Improvements for Phase II by modifying the plans or taking other appropriate actions. Lessee shall pay its approved share of the cost for construction of the Lessee Interior Improvements for Phase II within fifteen (15) days after Lessor has billed Lessee and provided Lessee with evidence that the approved work being billed has been installed. All costs payable by Lessee for construction of the Lessee Interior Improvements for Phase II shall be reasonably documented and subject to verification by Lessee.
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Cost Statement. The mutually approved budget proposal for the on- going rate will become the cost statement (“Cost Statement”). Center will rely upon the cost statement to establish Contractor’s on- going rates of payment under the Service Provider Agreement for the service provided under Service Code [ongoing service code].
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Cost Statement. 31.16.1 Licensee shall prepare with respect to each Quarter, a Cost Statement containing the following information: a) Total Petroleum Costs in previous Quarters, if any; b) Petroleum Costs for the Quarter in question; c) Total Petroleum Costs as of the end of the Quarter in question (subsection 31.16.1 31.16.2 The Cost Statement of each Quarter shall be submitted to the Director General no later than forty-five (45) days after the end of such Quarter.
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Cost Statement. 8.1 Contractor shall prepare with respect to each Quarter, a Cost Statement containing the following information: a) Total Petroleum Costs in previous Quarters, if any; b) Petroleum Costs for the Quarter in question; c) Total Petroleum Costs as of the end of the Quarter in question (subsection 8.1(a) plus subsection 8.1(b)); d) Petroleum Costs for Development Operations advanced in the Quarter in respect of GNPC’s Participating Interest pursuant to Article 2 of the Agreement; e) Costs as specified in (d) above which have been recovered during the Quarter pursuant to Article 10.1(e) of the Agreement and the balance, if any, of such costs unrecovered and carried forward for recovery in a later period. Petroleum Costs for Exploration, Development and Production Operations as detailed above shall be separately identified for each Development and Production Area. Petroleum Costs for Exploration Operations not directly attributable to a specific Development Area shall be shown separately. 8.2 The Cost Statement of each Quarter shall be submitted to GNPC no later than thirty (30) days after the end of such Quarter.
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Cost Statement. Within thirty (30) calendar days following Landlord’s receipt of the CD’s, Landlord shall cause Contractor to (i) work with Tenant to create a mutually acceptable list of mechanical, electrical and plumbing specifications for the Tenant Improvement Work (the “MEP Specifications”, and (ii) solicit construction bids for each Major Element (as defined herein) of the Tenant Improvement Work as reflected by the CD’s and the MEP Specifications, from not less than three (3) subcontractors. “Major Element” shall mean any element of the Tenant Improvement Work that is reasonably estimated to cost in excess of Twenty Thousand and 00/100 Dollars ($20,000). Landlord shall provide Tenant with a list of all subcontractors solicited for bids (the “Bid List”). Landlord shall cause Contractor to prepare and submit to Tenant a summary of the final bids setting forth a cost summary of all qualified bidders broken down in respect to the trades forming a part of the Tenant Improvement Work (the “Cost Statement”). The Cost Statement shall indicate the subcontractors that Contractor intends to hire to complete the applicable portion of the Tenant Improvement Work (“Landlord’s Subcontractors”). Tenant acknowledges and agrees that the Cost Statement shall include (i) the aggregate of the lowest qualified bids (the “Aggregate Bids”), plus (ii) a Contractor’s fee equal to six percent (6%) of the Aggregate Bids (the “Contractor’s Fee”), plus (iii) the Contractor’s standard general conditions applicable to the Tenant Improvements as detailed on the final Cost Statement. Tenant shall have fifteen (15) business days after receipt of the Cost Statement in which to review the Cost Statement and to give Landlord written notice of Tenant’s approval or its requested changes thereto. In the event Tenant has specific concerns with any element on the Cost Statement, Tenant shall have the opportunity to request Landlord re-bid such specific element to a subcontractor proposed by Tenant, provided such subcontractor meets with Landlord’s reasonable approval. Any changes to the Cost Statement shall also be reflected as a change to the CD’s. If Tenant fails to approve or request changes to the Cost Statement within fifteen (15) business days after its receipt thereof, then Tenant shall be deemed to have approved the Cost Statement and the same shall thereupon be final. Landlord and Tenant, at all times in their preparation and review of the Cost Statement, and of any revisions thereto, shall act rea...
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Cost Statement. Sublandlord acknowledges and approves Subtenant's use -------------- of SC Builders for completing construction of the Subtenant Improvements. Subtenant shall request and obtain from SC Builders a written commitment for completing construction of the Subtenant Improvements in accordance with the Final Plans. SC Builders will bid out each of the subcontractors. Sublandlord's approval of SC Builders as the general contractor for construction of the Subtenant Improvements is conditioned on SC Builders status as a union contractor, which Subtenant hereby represents is true and correct. All subcontractors, laborers, materialmen, and suppliers shall conduct their activities in and around the Premises, Buildings and Project in a harmonious relationship with all other subcontractors, laborers, materialmen and suppliers at the Premises, Buildings and Project, and, if necessary, union labor shall be employed to achieve such harmonious relations.
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Cost Statement. Following Tenant’s approval (or deemed approval) of the Plans and Specifications, Landlord shall solicit competitive bids from at least three (3) subcontractors for each major trade. Landlord and Tenant shall review the bids jointly and select one sub-contractor for each item bid. Promptly following the selection of a subcontractor for each major trade, Landlord shall deliver to Tenant a statement of the cost to construct and install all of the Tenant Improvements (the “Cost Statement”). Tenant acknowledges and agrees that (A) the cost to construct and install the Tenant Improvements shall include a fee payable to the project’s construction manager or general contractor, (B) that such construction manager or general contractor may be a subsidiary, affiliate or employees of Landlord, and (C) said fee shall be included in the Cost Statement and applied against the Allowance (as hereinafter defined). Xxxxxx agrees to acknowledge the Cost Statement in writing within three (3) days following Xxxxxxxx’s written request therefor.
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Cost Statement. Once the parties have approved the Final -------------- Plans, Tenant shall select a licensed general contractor or the required subcontractors and shall obtain a written commitment for a guaranteed maximum cost for materials and labor for construction of Tenant's Improvements in accordance with the Plans. Tenant's general contractor shall be subject to Landlord's approval, which shall not be unreasonably withheld. Tenant shall deliver to Landlord said written commitment together with Tenant's estimate of all other Tenant's Improvement Costs (the "Cost Statement").
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Cost Statement. (a) Within a reasonable time (and in any event within 2 days) of receipt of the Authorised Order Change Request, the MSP will provide the relevant Agency with a cost statement detailing any increase or decrease in the Charges if the Authorised Order Change Request was implemented ("Cost Statement"). (b) In preparing the Cost Statement, the MSP will use the Charges applicable on the date the Authorised Order was first approved by an Authorised Personnel. (c) The Cost Statement will show the costs incurred by the MSP in relation to work done or services provided in respect of the Authorised Order which will not be required to be performed if the Authorised Order Change Request is implemented ("Redundant Work").
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Related to Cost Statement

  • Settlement Statement A settlement statement setting forth the amounts paid by or on behalf of and/or credited to each of Purchaser and Seller pursuant to this Agreement;

  • Problem Statement School bus fleets are aging, and our communities have poor air quality. Replacing school buses with zero emission school buses will address both of these issues.

  • Closing Statement (a) In connection with the prorations required under SECTION 9.1, not later than 5 Business Days prior to the intended Closing Date, the Seller will use commercially reasonable efforts to have prepared a proforma of the accounting for the transaction that reflects the Seller’s good faith estimate of how items subject to proration will be accounted for by crediting or debiting appropriate accounts either pre or post Closing, respectively (the “Draft Closing Statement”). The Draft Closing Statement shall reflect the parties’ good faith estimate of all of the prorations, credits and/or other adjustments to be made at Closing. On the day prior to Closing, the Seller and the Buyer will use commercially reasonable efforts to conduct inventories, examinations and audits of the Asset as may be necessary to verify and/or make revisions to the Draft Closing Statement based on such audits, examinations and inventories, and on the night preceding the Closing immediately after the Cut-Off Time, the Seller and the Buyer will use commercially reasonable efforts to make all final adjustments necessitated by such nights’ operations and prepare a final closing statement of prorations and adjustments required under SECTION 9.1 with such supporting documentation as the parties hereto may reasonably require being attached thereto. The Buyer and the Seller acknowledge and agree that the completion of the Draft Closing Statement pursuant to this SECTION 9.2(a) shall not be a condition precedent to the obligation of the Buyer or the Seller to consummate the transactions pursuant to the terms of this Agreement. (b) If any items to be adjusted pursuant to this ARTICLE IX are not determinable at the Closing, or if any such adjustments made at the Closing prove to be incorrect, the adjustment shall be made subsequent to the Closing or corrected when the charge is finally determined. The Buyer shall deliver to the Seller no later than 60 days following the Closing Date (except with respect to any item which is not reasonably determinable within such time frame, as to which the time frame shall be extended until such item is reasonably determinable) a schedule of prorations setting forth the Buyer’s determination of prorations not determined at the Closing and any adjustments to the prorations made at Closing that it believes are necessary to complete the prorations as set forth in this ARTICLE IX. Any errors or omissions in computing adjustments or readjustments at the Closing or thereafter shall be promptly corrected or made, provided that the party seeking to correct such error or omission or to make such readjustment shall have notified the other party of such error or omission or readjustment on or prior to the date that is 30 days following the receipt from the other party of such other party’s proposed adjustment or readjustment. The party owing the other party any sum pursuant to any adjustment, or readjustment or correction under this ARTICLE IX shall pay such sum to the other party within 15 days after the same has been determined as set forth above.

  • Billing Statement The billing statement shall show the work authorization number for each work authorization included in the billing, the total amount earned to the date of submission, and the amount due and payable as of the date of the current billing statement for each work authorization. The billing statement shall indicate if the work has been completed or if the billing is for partial completion of the work. The fixed fee will be paid in proportion to the percentage of work completed per work authorizations.

  • Monthly Statement The Contractor shall submit a statement to the Engineer at the end of each month, in a tabulated form approved by the Engineer, showing the amounts to which the Contractor considers himself to be entitled. The statement shall include the following items, as applicable; - the value of the Permanent Work executed up to the end of previous month - such an amount (not exceeding 75 percent of the value) as the Engineer may consider proper on account of materials for permanent work delivered by the Contractor in the site - such amount as the Engineer may consider fair and reasonable for any Temporary Works for which separate amounts are provided in the Bill of Quantities - adjustments under Clause 70 - any amount to be withheld under retention provisions of Sub-clause 60.3 - any other sum to which the Contractor may be entitled under the Contract If the Engineer disagrees with or cannot verify any part of the statement, the Contractor shall submit such further information as the Engineer may reasonably require and shall make such changes and corrections in the statement as may be directed by the Engineer. In cases where there is difference in opinion as to the value of any item, the Engineer’s view shall prevail.

  • Purpose Statement Abuse of drugs and alcohol is a nationwide problem. It affects persons of every age, race, sex and ethnic group. It poses risks to the health and safety of employees of the City of Minneapolis and to the public. To reduce those risks, the City has adopted this LOA concerning drugs and alcohol in the workplace. This LOA establishes standards concerning drugs and alcohol which all employees must meet and it establishes a testing procedure to ensure that those standards are met. This drug and alcohol testing LOA is intended to conform to the provisions of the Minnesota Drug and Alcohol Testing in the Workplace Act (Minnesota Statutes §181.950 through 181.957), as well as the requirements of the federal Drug-Free Workplace Act of 1988 (Public Law 100-690, Title V, Subtitle D) and related federal regulations. Nothing in this LOA shall be construed as a limitation upon the Employer's obligation to comply with federal law and regulations regarding drug and alcohol testing. The Human Resources Director is directed to develop and maintain procedures for the implementation and ongoing maintenance of this LOA and to establish training on this LOA and applicable law.

  • Production Report and Lease Operating Statements Within 60 days after the end of each fiscal quarter, a report setting forth, for each calendar month during the then current fiscal year to date, the volume of production and sales attributable to production (and the prices at which such sales were made and the revenues derived from such sales) for each such calendar month from the Oil and Gas Properties, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month.

  • Annual Statement The Plan Administrator shall provide to the Executive, within one hundred twenty (120) days after the end of each Plan Year, a statement setting forth the benefits to be distributed under this Agreement.

  • Periodic Statement Each month we will send you a periodic statement for each Credit Card account you have with us covering the previous billing period. We may not send you a statement if your balance is zero and there were no transactions during the billing period. The statement will have a "Statement Closing Date" and a "Payment Due Date," and will show, among other things, your "Previous Balance," your "New Balance," and your minimum monthly payment, which will be shown as "Minimum Payment Due." The periodic statement is part of this Agreement. If you choose to receive periodic statements electronically, the statements will be deemed to have been sent to you when they are first made available for you to view online.

  • Estoppel Statement (a) After request by Lender, Borrower shall within ten (10) Business Days (but, provided there exists no Default or Event of Default, no more often than twice during the course of each fiscal year of Borrower) furnish Lender with a statement, duly acknowledged and certified, (i) with respect to the Loan, setting forth (A) the original principal amount of the Note, (B) the unpaid principal amount of the Loan, (C) the Interest Rate of the Loan, (D) the date installments of interest and/or principal were last paid, (E) any offsets or defenses to the payment of the Debt, if any, and (F) that the Note, this Agreement, the Pledge Agreement and the other Loan Documents are valid, legal and binding obligations and have not been modified or if modified, giving particulars of such modification, (ii) with respect to any Senior Mezzanine Loan, setting forth (A) the original principal amount of the applicable Senior Mezzanine Loan, (B) the unpaid principal amount of the Senior Mezzanine Loan, (C) the interest rate of the Senior Mezzanine Loan, (D) the date installments of interest and/or principal were last paid, (E) any offsets or defenses to the payment of the debt, if any, and (F) that the Senior Mezzanine Note, the Senior Mezzanine Loan Agreement and the other Senior Mezzanine Loan Documents are valid, legal and binding obligations and have not been modified or if modified, giving particulars of such modification and (iii) with respect to the Mortgage Loan, setting forth (A) the original principal amount of the Mortgage Loan, (B) the unpaid principal amount of the Mortgage Loan, (C) the interest rate of the Mortgage Loan, (D) the date installments of interest and/or principal were last paid, (E) any offsets or defenses to the payment of the debt, if any, and (F) that the Mortgage Note, the Mortgage Loan Agreement, the Security Instruments and the other Mortgage Loan Documents are valid, legal and binding obligations and have not been modified or if modified, giving particulars of such modification. (b) Borrower shall exercise reasonable best efforts to deliver to Lender upon request, tenant estoppel certificates from each space tenant leasing space at the Properties, and shall exercise reasonable best efforts to deliver an estoppel certificate from each Ground Lessor, each in form and substance reasonably satisfactory to Lender provided that Borrower shall not be required to deliver such certificates more frequently than two (2) times in any calendar year. (c) After request by Borrower, but not more than twice during the course of each year, Lender shall furnish Borrower with a statement setting forth (i) the original principal amount of the Loan, (ii) the unpaid principal amount of the Loan, (iii) the Interest Rate of the Loan, (iv) the date installments of interest and/or principal were last paid, and (v) that the Loan Documents have not been modified or if modified, giving particulars of such modification.

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